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leader mitch mcconnel are working on a deal. he meet with them along with house speaker john boehner and house democratic leader nancy pelosi.at the white house for about an hour today. he said the meeting was good and constructive. but expressed his frustration for the american people with waiting until stories... >> america wonders why you cannot get things done in this town in an organized timetable. why does everything have to wait until the last minute? now, we are at the last minute. the american people are not going to have many patients for a self-inflicted wound to our economy. >> reporter: coming up at 5:30 we'll have more from the president. and our political analyst michael yaki will give us his take on today's developments. >> catherine: there's rain on the way this holiday weekend. this is a live look from our camera on mount tam. and a look at downtown san francisco. i'm here in the weather center with jacqueline bennet -- where is the wet weather? >> jacqueline: we are still getting some return on the radar but it is still too dry for the rain to hit the ground. it wi
is not made soon between which mcconnell and house speaker, john boehner i will perch read to bring in agreement that will protect the middle-class. >> reporter: with a high- stakes meeting they seem poised to work towards a solution. >> we are going to work hard to see if we can get there in the next 24 hours. i am hopeful. >> i am going to do everything i can in my power. what ever we come up with is not going to be perfect. some people are not going to like it. >> reporter: senate majority leader reed says that there were hoping not to have to meet on saturday and house speaker, john boehner will not bring anything until it is passed by the senate. however, if nothing is done unemployment benefits will expire payroll deduction will not be continued. >> if there are disagreements they will sort through them. the notion that our elected leadership cannot do the same thing is mind-boggling. it needs to stop. >> catherine: banks racked up a record 10-point-seven- billion dollars in fines in 20-12. that includes what the banks paid to u-s and state authorities-- but it doesn't include
that the president has offered some level of compromise. certainly he said to john boehner what is one half- million dollars and above. for tax increases. and that could be submitted to the senate and then go to the house. the question is that would john boehner allow a bill to go through the support of republicans. the votes are there but john boehner might not allow that to go forward toward >> grant: leader his own republicans have not even voted on it when it was $1 million and above. it is difficult to see any type of compromise. many people like to see something done. >> it is business as usual for congress to wait in to the last minute. but this is the last, last minute. with just a few days left the dreary stripped down bill or kick the can down the road and see how quickly we can react. >> grant: could probably get a deal early january. thank you, michael. if you'd like to connect follow him on twitter -- his handle is "at-yaki-blog." >> jacqueline: the rainfall will return not that strong but we are still going to be seeing rainfall for most of the bay area. clear skies leading to cold tem
speaker john boehner does not want to bring anything until it is passed by the house. >> these everyday workers are going to be paying the price for all of not being able to get anything done. >> catherine: after a break in the rain.yet another round is this is a live look at conditions in san on van ness avenue. i'm in the weather center with jacqueline - who has been tracking this latest >> jacqueline: it has been a bit deceiving. but we are finally seeing rain hit the coast. half moon bay in the last one hour and a san francisco probably seen some sprinkles right now as well. let us to track some of these rainfall totals. not all of this is hitting the ground. there are pockets of yellow is indicating the rainfall in excess of 1 tenths per hour. we could it just see light sprinkles. as we go towards half moon bay. the rainfall totals and of and down the coast as this system continues to process along the coast. light rain towards richmond, berkeley. but one hour before things get saturated. as i mentioned a quick look outside. the satellite & radar pressing to the south and moving th
." >> reporter: following the president's interview, speaker of the house john boehner issued a statement saying in part: "republicans made every effort to reach the 'balanced' deficit agreement that the president promised the american people.we've been reasonable and responsible. the president is the one who has never been able to get to 'yes.'" >>> "what i ran on, and what the american people elected me to do, was to put forth a balanced approach." >> reporter: despite the on- going blame game, there is consensus on one thing: time is running out. i'm elizabeth corridan reporting. r as the fiscal cliff deadline ticks down -- you might wonder we got into the situation in the first place. tonight at 8-30 -- an in depth look on that. >>> the 49ers --- nfc west champions for a second year in a row. they beat the arizona cardinals 27 - 13, in their final game of the regular season. the niners now looking ahead to the playoffs -- and thanks to a loss by green bay -- the team is getting a first round bye! as you can imagine -- lots of excited fans around the bay area tonight. kron4's scott rates was
called for them not to meet on saturday. house speaker john boehner said that he would not bring anything to the table on to the talks are resumed. >> ordinary people do their jobs and they need their lives. they sit down and they discuss things and things happen. if they have disagreements in this sort through them. the notion that our leadership cannot do the same thing is mind- boggling to me. it needs to stop. >> the time now is seven 07 a.m.. we will be right back. ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. >> take a look at wall street this morning. stocks ended the week yesterday on another down notes. invesinvestors-a given word about the fiscal cliff. the dow lost 158 points, it is currently a five day losing streak in its longest since july. the nasdaq reported 25 points. >> banks rack up a record to $10.7 billion in fines in 2012. that includes what the banks paid to u.s. and state of 40's-but it d
not want to negotiate. >> john boehner failed to get enough votes were planned beat that would raise taxes for people earning more than $1 million. the speaker, and the president left town without making a deal. >> i have passed leaders of congress to work together to create a deal to protect and employment for 2 million americans, protect middle america the middle income americans and also work on deficit reduction. >> the president solution would still leave red ink as far as the eye could see. and difficult for jobs. >> this is it difficult for the brink of perpetual gridlock. >> this is likely that we will go over the fiscal cliff and not and if we allow that to happen. would be the most concord consequential, terrible act of gridlock. >> president obama is in hawaii but could possibly cut his vacation short to hammer out a deal. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for negotiated labor contracts care protections. such as staffing levels, health benefits, and sick days. str
the cliff. >> we have been over the cliff before and this is what we will do it again. >> house speaker john boehner failed to get votes on his plan be carry it on friday, the speaker and president left town without a deal. >> i have asked the leaders of congress to work with may to prevent a tax hike. >> the president's solution was far from what i could see. >> the partisan bickering has put the country on the verge of an economic crisis. they are currently gridlock. >> if we allow the country to go the cliff this will be the most colossal consequential act of congressional irresponsibility. >> president obama isn't quite for christmas. he stated that he will cut his vacation short so that he can, with a bill. the deadline is just a week away. >> the time now is at 07 a.m.. we will be right back in a moment. this is live from van ness ave. we are it clear skies. we will be right back. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to downl
Search Results 0 to 7 of about 8